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| | Tavakoli Structured
Finance, Inc. |
| | "Of
course, there is still much work to be done. That means honestly confronting
the crisis of Islamic extremism and the Islamists and Islamic terror of all
kinds." -- President Trump in Riyadh
"Where are you headed, Europe? Rise from your knees
and from your lethargy, or you will be crying over your children every
day." -- Polish Prime Minister Beata Szydlo
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| | Corruption Never Sleeps
Congressional sex scandals are in the news as if this is something
new and a reason to become hysterical. It’s far from new, and yes, it should be
appropriately addressed.
Remember stripper Fanne Foxe? Most of you don’t, because it’s
so 1970s. Wilbur
Mills (Democrat, Arkansas, married) probably wasn’t happy when Foxe, aka
Annabel Battistella, aka “The Argentine Firecracker,” wrote The Stripper and the Congressman. His
affair ended his career, an important one. He was chairman of the powerful
House Ways and Means Committee.
Mistress on the Payroll
In 1976, Wayne
Hays, a Democrat and Congressman from Ohio, resigned after reporters found out he put his mistress Elizabeth Ray on the Congressional payroll. Ray was paid $14,000 in 1976, which was better
than an electrical engineer’s starting salary.
Ray
explained “I can’t type. I can’t file. I can’t even answer the phone.” The
scandal broke after Ray confronted Hays for not inviting her to his (second marriage)
wedding. Hays had Capital Police escort her from the building. “I was good
enough to be his mistress for two years, but not good enough to be invited to
his wedding.”
Today
People willing to cheat Congressional payrolls may up to a
lot of other no-good activities. I’m looking at you, Deborah
Wasserman Schultz. |
| | More About the Assassination in Malta
This year, the Presidency of the Council of the European Union is held by Malta's government. How was that allowed to happen, given Malta's government is embroiled in a money laundering, bribery, and influence peddling scheme with Russian oligarchs? (Selling passports, and much more.) Allegations include those against Prime Minister Joseph Muscat.
Shortly after the assassination by car bomb of investigative journalist Daphne Caruana Galizia, Muscat's official Twitter account decried the "spiteful" murder. Yes. The spite directed at Ms. Galizia came from the direction of his circle of corruption. It was as if the government was mocking us.
The corruption runs very deep and very wide. Today, the Times of Malta reports that Malta's Democratic Party has called for the resignations of Prime Minister Muscat and the Opposition Leader. (Perhaps it should also call for the resignation of some in its own ranks.)
Rumored Ties to Global Corruption, including USA / Clinton Foundation
There were/are rumors that Russian money that made its way to the USA in the form of bribes was first, in part, laundered via Malta. How many directors on the board of Uranium One had tens of millions of "clean" money to dump in to the Clinton Foundation? I look forward to our crack government investigators tracing the provenance of that money.
Our mainstream media seems to have zero curiosity about this important issue. Always follow the money.
I'm curious about this. Perhaps you know the answer.
Main stream media constantly tells us about the popularity of Hillary Clinton. Yet the only YouTube channel with Hillary Clinton's name, ostensibly her official channel, has only 128 thousand or so followers. After spending more than a billion dollars for a campaign, one would think there would be many more.
I'm also curious why this seminal video, released by Hillary Clinton, about her excessive vodka drinking with John McCain, has only 56 thousand views.
Something doesn't add up. Perhaps someone has a reasonable explanation for this. If so, please drop me a line.
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| | Uranium One: The most important question
How quickly can the Trump Administration nullify the deal Clinton struck to give Russia control of 20% of USA uranium?
As important, but not as urgent, is prosecution of the Clinton Gang. Recall that it is possible to engage in technically legal activities and still commit treason. In the case of the Clinton Gang, RICO charges will be an excellent place to start.
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| | FBI uncovered Russian bribery plot before Obama administration approved controversial nuclear deal with Moscow
Read more via The Hill.
Here's the Rudy Giuliani / Eric Bolling interview wherein R.G. said the Clinton Foundation is a classic RICO enterprise. Giuliani disappeared from the airwaves for a while, and when he came back there was no more RICO talk.
Eric Bolling was recently fired from Fox for alleged sexual harassment. The same day he and his wife learned his only son was found dead of an apparent drug overdose.
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| | | Citi Resurrects Synthetic CDOs, Bane of the Credit Crisis
Sridhar Natarajan, Dakin Campbell and Alastair Marsh of Bloomberg authored an excellent take on Citi's claims (September 26, 2017) "Citi is Bringing Back One of the Most Infamous Bests of the Credit Crisis." The bottom line is that the risk is mispriced. Oh, but Citi claims this structure is safer.
Here's an excerpt:
“There is a whole generation
of people in finance who never knew or forgot what the problems were with synthetic CDOs,” said Janet Tavakoli, a 30-year veteran of the financial markets who runs a consulting firm and has written books on structured credit and CDOs. “Just as derivatives can lever up the upside, they can lever up the downside.” |
| | USA's Constitutional Crisis of the Century
The Wall Street Journal's editorial board wrote a mea culpa,
admitting it was wrong to criticize President Donald Trump when he made
the shocking allegation that his campaign had been wiretapped by the
Obama administration. It turns out that President Trump was correct, and
this is the Constitutional Crisis of the century.
In an unprecedented abuse of power, the Obama administration abused government power and resources, spied on its political opposition, and apparently manufactured a ludicrous fake report as the pretext for getting a FISA court warrant to do it.
WSJ is now demanding answers.
You'll recall that many people spoke up to deny President Trump's allegation. Either they didn't know what they were talking about—yet tried to undermine the President, anyway—or they lied, hoping their lie would never be revealed for what it is. These people all owe President Trump an apology and some of them may deserve to be prosecuted. They include (I'm probably missing many): Speaker Paul Ryan (third in line to the presidency), Senator Richard Burr, Senator Mark Warner, former CIA Director James Clapper, Senator Kamala Harris, former U.S. Attorney General loretta Lynch, and former FBI Director James Comey. The latter lied under oath.
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| | Equities, Derivatives, and Leverage
Wall Street would like you to borrow more against your stock, even though margin is at all-time highs. Meanwhile, banks are increasing their revenues due to equity derivatives trading. What a beautiful bubble!
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| | Better Than Money
If you want to help your country, instead of contributing money to politicians, why not contribute a solution to one of your country’s problems?
I sent my paper, “Importance of Data Preservation in the Application of Set Theory to Counterterrorism,” to a former instructor at the National Defense Intelligence College who subsequently forwarded to colleagues. (This paper is not available to the public.)
My method compares lists of associates of organizations to quickly identify high probability persons of interest using set theory techniques. There is no need to know in advance whether alternate spellings of targets’ names or aliases exist, as long as association records are kept as complete as possible. A subsidiary goal was to support efforts to gain inter-agency cooperation in the compilation and preservation of data, since operatives of the Obama administration actively destroyed useful records.
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